Dodd-Frank Investment Advisers
Don’t Lie About Assets Under Management
Investment Advisers Umesh Tandon, president, chief compliance officer, and sole owner of Simran Capital Management, recently agreed to a settlement with the SEC relating to alleged violations of the Investment Advisers Act of 1940 and the Investment Company Act of 1940 stemming from false representations of the amount of Simran’s assets under management (AUM), a common metric [...] Read more →
Final Red Flags Rules Adopted by SEC and CFTC
Broker-Dealer, Consumer Protection, Derivatives, Energy, Investment Advisers, Private Equity Today the CFTC and the SEC jointly issued final rules that require regulated entities to adopt programs designed to prevent identity theft – so-called “red flags” rules.... Read more →
The JOBS Act Turns One
Broker-Dealer, Investment Advisers, Private Equity, Public Companies and Securities April 5, 2013 marked the one-year anniversary of the passage of the JOBS Act. Here’s a roundup of a few of the media outlets that took the occasion as an opportunity to... Read more →
SEC Comments on Broker-Dealer Registration by Private Fund Advisers
Broker-Dealer, Investment Advisers, Private Equity David W. Blass, Chief Counsel, Division of Trading and Markets, SEC, recently gave a speech before the American Bar Association Trading and Markets Subcommittee on April 5, 2013.... Read more →